Turnover: Organizational politics or alternate job offer?

Abstract

Reducing turnover has always been a key issue in any industry. Reducing turnover will help organizations to retain their key employees, thus contributing to the higher productivity and possibly profitability as well. In this study, an insight has been contributed into the relationship between perceived organizational politics and alternate job offering higher pay with turnover amongst the employees of Bank Alfalah (Karachi). A cross-sectional study with a deductive approach was carried out. The responses collected through survey questionnaires from the employees of Bank Alfalah revealed that turnover has a significantly positive relationship with perceived organizational politics and alternate job with higher pay. It was also found out that office politics is a stronger factor to convert turnover intention into decision. Findings in this research offer important implications for the banking industry, as well as for theory in research driven by organizational politics and higher pay offered by alternate job.